Should I buy or sell Canadian Western Bank stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWB shares. View CWB analyst ratings or view top-rated stocks .

What is Canadian Western Bank's stock price target for 2024?

11 equities research analysts have issued 1-year price targets for Canadian Western Bank's stock. Their CWB share price targets range from C$26.00 to C$34.00. On average, they expect the company's stock price to reach C$31.83 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price. View analysts price targets for CWB or view top-rated stocks among Wall Street analysts .

How have CWB shares performed in 2023?

Canadian Western Bank's stock was trading at C$24.06 at the beginning of 2023. Since then, CWB shares have increased by 16.7% and is now trading at C$28.09. View the best growth stocks for 2023 here .

When is Canadian Western Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, December 1st 2023. View our CWB earnings forecast .

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) posted its quarterly earnings results on Friday, September, 1st. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.08. The company earned $283.51 million during the quarter, compared to analyst estimates of $276.30 million. Canadian Western Bank had a net margin of 31.87% and a trailing twelve-month return on equity of 8.89%.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?

Canadian Western Bank announced a quarterly dividend on Friday, September 1st. Investors of record on Thursday, September 14th will be given a dividend of 0.33 per share on Thursday, September 28th. This represents a $1.32 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend is Wednesday, September 13th. Read our dividend analysis for CWB .

Is Canadian Western Bank a good dividend stock?

Canadian Western Bank (TSE:CWB) pays an annual dividend of C$1.32 per share and currently has a dividend yield of 4.56%. CWB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CWB .

What other stocks do shareholders of Canadian Western Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I) , Bank of Nova Scotia (BNS) , Air Canada (AC) , Bank of America (BAC) , Toronto-Dominion Bank (TD) , Bombardier, Inc. Class B (BBD.B) , Associated British Foods (ABF) , Chaarat Gold (CGH) , Fossil Group (FOSL) and AMC Entertainment (AMC) .

How do I buy shares of Canadian Western Bank?

Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Canadian Western Bank Stock Price, News & Analysis (TSE:CWB)

C$28.09

-0.60 (-2.09%)

(As of 11/28/2023 ET)

Compare

Today's Range: C$28.06
▼
C$28.59
50-Day Range: C$26.87
▼
C$29.18
52-Week Range: C$22.96
▼
C$29.46

Volume: 1.35 million shs
Average Volume: 349,815 shs
Market Capitalization: C$2.71 billion

P/E Ratio: 8.51
Dividend Yield: 4.70%
Price Target: C$31.83

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Canadian Western Bank MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 13.3% Upside
C$31.83 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.27
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.16 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Canadian Western Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$31.83, Canadian Western Bank has a forecasted upside of 13.3% from its current price of C$28.09.
Amount of Analyst Coverage
Canadian Western Bank has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for CWB.

2.5

Dividend Strength

Dividend Leadership
Canadian Western Bank is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Western Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CWB.

1.0

News and Social Media Coverage

News Sentiment
Canadian Western Bank has a news sentiment score of -0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.94 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Canadian Western Bank this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for CWB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Canadian Western Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.37% of the stock of Canadian Western Bank is held by insiders.
Percentage Held by Institutions
Only 36.22% of the stock of Canadian Western Bank is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank is 8.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank is 8.51, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 349.01.
Price to Earnings Growth Ratio
Canadian Western Bank has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Western Bank has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Canadian Western Bank Stock (TSE:CWB)

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, notice, cash management, US dollar, and chequing accounts, as well as organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; agriculture lending products; mortgages; lines of credits; registered retirement savings loans; consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

CWB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CWB Stock News Headlines

November 27, 2023 | msn.com

The Best TSX Stocks to Invest $5,000 in November 2023

November 27, 2023 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Receives Consensus Rating of "Moderate Buy" from Brokerages

November 28, 2023 | Autonomix (Ad)

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November 25, 2023 | americanbankingnews.com

Keefe, Bruyette & Woods Lowers Canadian Western Bank (TSE:CWB) Price Target to C$33.00

November 23, 2023 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Price Target Cut to C$30.00 by Analysts at CIBC

November 22, 2023 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Given New C$31.00 Price Target at Scotiabank

November 22, 2023 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Given a C$33.00 Price Target by National Bankshares Analysts

October 26, 2023 | markets.businessinsider.com

TSX Ends Lower For 7th Straight Day

November 28, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 24, 2023 | msn.com

2 Rallying Dividend Stocks to Buy Amid the Market Selloff

October 20, 2023 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Series 9 up on Thursday (CWB-PR-D)

October 16, 2023 | msn.com

Banking on Rising Rates: Canadian Financial Stocks to Consider

September 18, 2023 | baystreet.ca

This Scorching Regional Bank Stock Still Offers Good Value

September 17, 2023 | financialpost.com

Canadian Western Bank grows in challenging times

September 14, 2023 | ca.investing.com

Canadian Western Bank announces dividend of $0.33 per share: a look at its dividend history and growth

September 13, 2023 | finance.yahoo.com

Canadian Western Bank: A Closer Look at the Upcoming Dividend and Its Sustainability

September 5, 2023 | msn.com

TSX Today: Why Canadian Stocks Could Fall on Tuesday, September 5

September 1, 2023 | msn.com

TSX Rallies to One Month High as GDP, US NFP Boost Bets for Rate Hike Pause

September 1, 2023 | ca.finance.yahoo.com

Miners, Energy Send TSX to One-Month High

September 1, 2023 | markets.businessinsider.com

Canadian Market Might Start Mixed

August 30, 2023 | msn.com

Avoid This CPP Pension Mistake That Can Cost Retirees Thousands

August 29, 2023 | markets.businessinsider.com

TSX Ends On Buoyant Note On All-round Buying

August 25, 2023 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Series 9 down on Friday (CWB-PR-D)

August 6, 2023 | theglobeandmail.com

Closing Bell: Canadian Western Bank Pref Ser 5 flat on Wednesday (CWB-PR-B)

July 16, 2023 | msn.com

4 Safe Stocks When Interest Rates Are Rising

June 13, 2023 | finance.yahoo.com

interVal Delivers Seamless Valuation Tool To CWB’s Business Banking Clients

June 8, 2023 | msn.com

DESJARDINS SECURITIES Maintains Canadian Western Bank (TSX:CWB) Buy Recommendation

See More Headlines

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Company Calendar

Last Earnings: 9/01/2023
Ex-Dividend for 9/28 Dividend: 9/13/2023
Dividend Payable: 9/28/2023
Today: 11/28/2023
Next Earnings (Estimated): 12/01/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Banks - Regional
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: TSE:CWB
CUSIP: N/A
CIK: N/A
Web: www.cwbank.com
Phone: +1-780-4238888
Fax: N/A
Employees: 2,669
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$31.83
High Stock Price Target: C$34.00
Low Stock Price Target: C$26.00
Potential Upside/Downside: +13.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$3.30
Trailing P/E Ratio: 8.51
Forward P/E Ratio: 7.55
P/E Growth: 2.95
Net Income: C$315.16 million
Net Margins: 31.87%
Pretax Margin: N/A
Return on Equity: 8.89%
Return on Assets: 0.82%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: C$1.07 billion
Price / Sales: 2.53
Cash Flow: C$2.75 per share
Price / Cash Flow: 10.20
Book Value: C$38.45 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 96,380,000
Free Float: N/A
Market Cap: C$2.71 billion
Optionable: Not Optionable
Beta: 1.59

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Key Executives

Mr. Christopher H. Fowler M.A. (Age 63)
President, CEO & Director
Comp: $1.71M
Mr. Robin Matthew Rudd C.A.
CPA, Chief Financial Officer
Mr. Stephen H. E. Murphy M.B.A.
Group Head of Commercial, Personal & Wealth
Ms. M. Carolina Parra M.B.A.
Chief Risk Officer
Mr. Vladimir Ahmad
Senior Vice President of Operations & Business Transformation
Mr. Azfar Karimuddin M.B.A.
Chief Information Officer
Mr. Patrick Gallagher
Vice President of Strategy & Investor Relations
Ms. Monique M. Petrin Nicholson
Senior VP, General Counsel & Corporate Secretary
Angela Saveraux M.B.A.
Assistant Vice President of Marketing & Public Relations
Ms. Kelly S. Blackett
Chief People & Culture Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CWB Stock Analysis - Frequently Asked Questions

Should I buy or sell Canadian Western Bank stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWB shares.
View CWB analyst ratings or view top-rated stocks.
What is Canadian Western Bank's stock price target for 2024?: 11 equities research analysts have issued 1-year price targets for Canadian Western Bank's stock. Their CWB share price targets range from C$26.00 to C$34.00. On average, they expect the company's stock price to reach C$31.83 in the next twelve months. This suggests a possible upside of 13.3% from the stock's current price.
View analysts price targets for CWB or view top-rated stocks among Wall Street analysts.
How have CWB shares performed in 2023?: Canadian Western Bank's stock was trading at C$24.06 at the beginning of 2023. Since then, CWB shares have increased by 16.7% and is now trading at C$28.09.
View the best growth stocks for 2023 here.
When is Canadian Western Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, December 1st 2023.
View our CWB earnings forecast.
How were Canadian Western Bank's earnings last quarter?: Canadian Western Bank (TSE:CWB) posted its quarterly earnings results on Friday, September, 1st. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.08. The company earned $283.51 million during the quarter, compared to analyst estimates of $276.30 million. Canadian Western Bank had a net margin of 31.87% and a trailing twelve-month return on equity of 8.89%.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?: Canadian Western Bank announced a quarterly dividend on Friday, September 1st. Investors of record on Thursday, September 14th will be given a dividend of 0.33 per share on Thursday, September 28th. This represents a $1.32 annualized dividend and a yield of 4.70%. The ex-dividend date of this dividend is Wednesday, September 13th.
Read our dividend analysis for CWB.
Is Canadian Western Bank a good dividend stock?: Canadian Western Bank (TSE:CWB) pays an annual dividend of C$1.32 per share and currently has a dividend yield of 4.56%. CWB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CWB.
What other stocks do shareholders of Canadian Western Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I), Bank of Nova Scotia (BNS), Air Canada (AC), Bank of America (BAC), Toronto-Dominion Bank (TD), Bombardier, Inc. Class B (BBD.B), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL) and AMC Entertainment (AMC).
How do I buy shares of Canadian Western Bank?: Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CWB) was last updated on 11/28/2023 by MarketBeat.com Staff

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Canadian Western Bank Stock Price, News & Analysis (TSE:CWB)

Canadian Western Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Canadian Western Bank Stock (TSE:CWB)

CWB Stock Price History

CWB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CWB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™